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Searchlight Resources (Searchlight Resources) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Searchlight Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Searchlight Resources's Gross Profit for the three months ended in Mar. 2024 was $0.00 Mil. Searchlight Resources's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Searchlight Resources's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Searchlight Resources's Gross Margin % or its related term are showing as below:


SCLTF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.29
* Ranked among companies with meaningful Gross Margin % only.

Searchlight Resources had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Searchlight Resources was 0.00% per year.


Searchlight Resources Gross Margin % Historical Data

The historical data trend for Searchlight Resources's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Searchlight Resources Gross Margin % Chart

Searchlight Resources Annual Data
Trend Jun13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
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Searchlight Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Searchlight Resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Searchlight Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Searchlight Resources's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Searchlight Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Searchlight Resources's Gross Margin % falls into.



Searchlight Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Searchlight Resources's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Searchlight Resources's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Searchlight Resources  (OTCPK:SCLTF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Searchlight Resources had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Searchlight Resources Gross Margin % Related Terms

Thank you for viewing the detailed overview of Searchlight Resources's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Searchlight Resources (Searchlight Resources) Business Description

Traded in Other Exchanges
Address
1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1
Searchlight Resources Inc is a Canadian mineral exploration and development company focused in Saskatchewan, Canada. Its exploration focus is on gold, uranium and battery minerals throughout the Province. It also holds an interest in Kulyk Lake South; Bootleg Lake Gold Property, Robinson Creek; Wapawekka Lake Greenstone Belt, Munro Warden Copper Nickel Cobalt Property, Cameron Cobalt Property, Duddridge Lake Property, Flin Flon North Project, and English Bay Property in Canada.
Executives
John Reynolds Kerr director #215 - 515 WEST PENDER STREET, VANCOUVER A1 V6B 6H5
James Ernest Yates director 371 NEWDALE COURT, NORTH VANCOUVER A1 V7N 3H3
Andrew F Malim director 7 OVINGTON STREET, LONDON X0 SW3 2JA
Mcfarland Cole E director 1815 SPRINGVALE LANE, LINCOLN CA 95648
Mark A Reynolds director 1066 WEST HASTINGS STREET, SUITE 680, P.O. BOX 12575, VANCOUVER A1 V6E 3X1
Benjamin Ainsworth director, officer: Secretary #408 - 1199 WEST PENDER STREET, VANCOUVER A1 V6E 2R1
Anthony R Harvey director, officer: Chairman and CEO STE. 408, 1199 WEST PENDER STREET, VANCOUVER A1 V6E 2R1
Robert Fredrick Weicker director 3000 WALTON AVE, COQUITLAM A1 V3B6V6
Bryan Hugh Wilson director 84 CEDARCREST CRESCENT, RICHMOND HILL A6 L4S 2P4
Kurt Bordian officer: Chief Financial Officer 217 FIFTH AVENUE, NEW WESTMINSTER A1 V3L 1R5
Milton Datsopoulos director, officer: Chairman 201 WEST MAIN STREET, SUITE 201, MISSOULA MT 59802
Timothy Dudley Hipsher director, officer: Secretary SUITE 1458 - 409 GRANVILLE STREET, VANCOUVER A1 V6C 1T2
Cameron John Reynolds director, officer: C.F.O. 1489 WEST WARM SPRINGS ROAD, SUITE 110, HENDERSON NV 89014
Brent Glen Jardine director, 10 percent owner, officer: President 1450 - 409 GRANVILLE STREET, VANCOUVER A1 V6C 1T2
Andrei Stytsenko director, 10 percent owner

Searchlight Resources (Searchlight Resources) Headlines